Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC−0.950%94s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+1.225%+$122 · spread now −0.950%, 7d avg +0.017%
=Funding pays, the price is against you. BloFin is 0.967% cheaper against MEXC than usual: you would sell low and buy high (spread −0.950% now, against its 7-day average of +0.017%). If the spread goes back, that is −$97 on $10k: about 59 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.019% in total) that is about 12 months. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04739 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1.7M | $1.0M | 50x |
| Short | BloFin CHIP-USDT | 0.04694 | 0.0155 | get 0.0077% / 4h | 1h 49m | $559K | $66K | 50x |
MEXC CHIP_USDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.48
- Price spread: −0.950% → +0.017%
- −$96.69
- Slippage, 4 orders
- −$57.29
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$154.5
- Costs to cover
- 0.693%
- Break-even
- 101.2 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 36 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 2 min ago | 1.07 bp | 13.7 bp −$14 | 80.3 bp −$803 | 232.1 bp −$23.2K | 754.9 bp −$377.4K |
| Sell BloFin live order book, 36 min ago | 6.49 bp | 21.1 bp −$21 | 65.5 bp −$655 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0513% | 1h | 0.04689 | −1.055% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0286% | 4h | 0.04743 | +0.084% | $10.7M | $9.2M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0231% | 4h | 0.04735 | −0.084% | $2.1M | $9.7M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04689 | −1.055% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0094% | 1h | 0.04695 | −0.928% | $238K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0054% | 4h | 0.04720 | −0.401% | $991K | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0004% | 1h | 0.04698 | −0.874% | $144 | $36K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04724 | −0.312% | $10K | $24K | 10x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0094% | 1h | 0.04732 | −0.148% | $35K | $235K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04741 | +0.042% | $98K | $107K | 3x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Backpack CHIP_USDC_PERP
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04742 | +0.072% | $14.7M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04740 | +0.012% | $55K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04739 | −0.008% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04737 | −0.039% | $14.2M | $27.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04732 | −0.148% | $676K | $962K | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0100% | 4h | 0.04739 | long leg | $1.7M | $1.0M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04737 | −0.042% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04736 | −0.063% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04699 | −0.839% | $846K | $501K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04720 | −0.401% | $1K | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04722 | −0.354% | $215K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0155% | 4h | 0.04694 | −0.950% | $559K | $66K | 50x | |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04735 | −0.089% | $45K | $37K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX